INTERFAITH HOUSING DEVELOPMENT CORPORATION OF BUCKS COUNTY (EIN 232501785) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1987

Legal Domicile

Principal Officer

ROBERT CUMMINGS

Phone

2157888519

Tax Period

2023-01-01 to 2023-12-31

INTERFAITH HOUSING DEVELOPMENT CORPORATION OF BUCKS COUNTY, founded in 1987, is a small nonprofit that reported $884K in total revenue in fiscal year 2023. Revenue decreased 15% compared to the prior year. Expenses of $980K exceeded revenue, resulting in a 11% operating deficit.

Mission

REHABILITATION, RENTAL AND SALE OF LOW-INCOME HOUSING

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $735,692

Investment Income $8,246

Other Revenue $140,456

TOTAL REVENUE $884,394

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $752,155

Other Expenses $980,169

TOTAL EXPENSES $980,169

Year-over-Year Comparison

	2023	2022	Change
Revenue	$884,394	$1,042,718	-0.2%
Expenses	$980,169	$1,644,929	-0.4%
Net Income	$-95,775	$-602,211	-0.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DONALD GRONDAHL	MEMBER	1.00	Director	$0	$0	$0
BARBARA ALLEN	SECRETARY	1.00	Officer Director	$0	$0	$0
BRIAN DIXON	MEMBER	1.00	Director	$0	$0	$0
JERRY MELENDEZ	TREASURER	1.00	Officer Director	$0	$0	$0
TONI WILLIAMS-WHETSTONE	MEMBER	1.00	Director	$0	$0	$0
ROBERT CUMMINGS	BOARD CHAIRMAN	1.00	Officer Director	$0	$0	$0
JESSICA MADERA	MEMBER	1.00	Director	$0	$0	$0
HAROLD DEFAZIO	EXECUTIVE DIRECTOR	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	No data	No data	No data	No data
2023	$884,394	$980,169	$11,249,979	$-95,775
2022	$1,042,718	$1,644,929	$11,446,409	$-602,211
2022	$839,039	$1,657,556	$11,409,887	$-818,517
2021	$774,644	$1,704,598	$10,550,667	$-929,954
2021	$1,721,952	$1,749,643	$10,546,751	$-27,691
2020	$1,125,157	$1,388,435	$9,261,753	$-263,278
2020	$1,091,583	$1,338,025	$9,168,040	$-246,442
2019	$4,734,161	$1,132,780	$7,984,276	$3,601,381
2019	$4,791,070	$1,357,981	$8,072,062	$3,433,089
2018	$1,332,159	$1,325,814	$8,264,199	$6,345

INTERFAITH HOUSING DEVELOPMENT CORPORATION OF BUCKS COUNTY